Refer to above Table 2-1. What is the level of National Income?
A) 2630
B) 2420
C) 2660
D) 2430
D
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A corn farmer is likely to have a _____________ price elasticity of supply than does a tree farmer due to ________________.
A. more elastic; a more flexible production process B. less elastic; a more flexible production process C. less elastic; a less flexible production process D. more elastic; a less flexible production process
In the long run, an increase in FDI in the manufacturing sector will __________ the return to capital in the ____________ sector(s).
a. decrease; agriculture b. increase; manufacturing c. decrease; manufacturing d. not change; manufacturing or agriculture
Risk management in command economies
What will be an ideal response?
The natural rate of unemployment is
What will be an ideal response?